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FEG recovers 90% liquidity after Team Finance Exploit
2.11.2022
Team Finance suffered a huge loss of $14.5 million, including the FEG liquidity. According to the on-chain data, the affected areas in the exploit had recovered all the stolen funds leaving the 10% bounty token for the hacker. Feed Every Gorilla Token (FEG) serves as a blockchain platform operating...
Porter Finance Team Returns for Second Shot at DeFi Bonds Project
1.11.2022
Three of the four team members at Porter Finance say the potential for on-chain bond issuances is still massive, months after the protocol was suddenly shuttered
Team Finance hacker returns $7M to associated projects after exploit
31.10.2022
The individual who exploited the protocol intends to keep a 10% bounty of the stolen funds
Attacker Behind $14.5M Team Finance Exploit Returns $7M
31.10.2022
On-chain data shows that four projects affected in the attack received the stolen tokens over the weekend
French Lawyer Asks Russian Patriarch to Help Save Alexander Vinnik From ‘Political Trial’ in US
31.10.2022
A member of the defense team of the alleged BTC-e operator Alexander Vinnik has called on the head of the Russian Orthodox Church to intervene in support of his client. The Russian national may be sentenced to over 50 years in prison for his role in the infamous cryptocurrency exchange. Prisoner...
Zksync Devs Plan to Launch Layer 3 Scaling Solution Called ‘Opportunity’ in Q1 2023
29.10.2022
Matter Labs, the team behind the Ethereum layer two (L2) scaling protocol Zksync, revealed the developers plan to launch a layer three (L3) proof of concept called “Opportunity” in the first quarter of 2023. The team says that the prototype of L3 will be built on top of L2...
Binance may form a team to support Twitter's blockchain efforts
28.10.2022
Binance also confirmed that it helped finance Elon Musk's acquisition of the platform with $500 million
Team Finance suffers an exploit of $14.5M
28.10.2022
Team Finance, a crypto liquidity provider, unveiled on Thursday that they have suffered a loss of $14.5M through a smart contract bug in its system. It said in a tweet that they are exploited through the v2 to v3 migration function, which was previously audited. Team Finance is actively working...
UniLend V2 Launched: Becomes 1st True Permissionless Lending and Borrowing Protocol
28.10.2022
PRESS RELEASE. Launching its much awaited V2 testnet on the Goerli chain today, UniLend team is looking to Revolutionise the Lending and Borrowing scene in the DeFi space. It is the first ever protocol which claims to “Make Every Digital Asset Productive”. Earlier, UniLend Finance CEO, Chandresh...
Team Finance exploited for $14.5M during protocol migration despite contract audit
27.10.2022
Hackers appear to have spent as little as 1.76 Ether to initiate the attack vector
Crypto Firm Freeway Updates Community, Says Trading Strategy ‘Failed’ and ‘Caused a Substantial Loss’
27.10.2022
Four days ago, the crypto rewards platform Freeway.io, formally called Aubit, halted withdrawals on October 23 after citing it was protecting the firm’s portfolio from “market fluctuations and volatility.” Two days later, the team updated the community and explained on Tuesday that “one...
Crypto News Summary: Binance Launches Oracle, UvToken and Team Finance Exploited, Blockchain.com Debuts Visa Card
27.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: Binance Launches Oracle, UvToken and Team Finance Exploited, Blockchain.com Debuts Visa Card
Crypto Platform Team Finance Suffers $14.5M Exploit
27.10.2022
The platform has paused all activity till the exploit has been mitigated
LBank Labs Invites Czhang to Join as Investment Group Member
26.10.2022
PRESS RELEASE. Internet City, Dubai, Oct. 26, 2022 — Crypto Investment Group, LBank Labs, welcomes new member Czhang to their investment committee team. With many successful investment cases under its belt, LBank Labs is excited to have new talent onboard and hopes to acquire more talented...
A Look at One of Crypto’s Greatest Mysteries — Bytecoin’s Alleged Premine and the Puzzling Nicolas Van Saberhagen, and Cryptonote Team
26.10.2022
When Bitcoin first launched, the community was extremely small and it slowly grew during the first two years until the project’s creator, Satoshi Nakamoto, left the community for good. During the early years encompassing the world of cryptocurrencies, a number of anonymous individuals like...
Axelar and Polygon Supernets Team Up to Provide Cross-Chain Interoperability
26.10.2022
This will allow developers to build their applications across multiple blockchains
Polygon-Based Decentralized Exchange Quickswap Loses $220K in Flash Loan Exploit
24.10.2022
On Monday, the Polygon-based decentralized exchange (dex) Quickswap lost $220K in a flash loan exploit and following the attack, the team detailed the Quickswap Lend platform will be terminated. Quickswap Hacked for $220K, Dex Project Sunsets Lending Platform 2022 has been quite the year...
A Crypto Rewards Platform That Promised 40% APY Halts Withdrawals, Citing ‘Market Fluctuations’
24.10.2022
A crypto rewards platform called Freeway.io has notified users that it decided to reallocate capital in order to “manage exposure to future market fluctuations and volatility.” In doing so, users are unable to withdraw funds from the platform, and the Freeway team explained that amid...
Halo Devs Team Up To Make Master Chief Prosthetics For Kids With Limb Loss
19.10.2022
Halo developer 343 Industries announced on October 18 that it will expand its partnership with Limbitless Solutions, a nonprofit that creates free custom prosthetics for children with limb loss, which it initiated in 2018. In addition to its existing prosthetic collaborations, a Master Chief...
Crypto News Summary: Nuri Shuts Down, UK’s Pablo Escobar Banned from Crypto, Do Kwon Denies Seeing Arrest Warrant, Interpol’s New Team
18.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: Nuri Shuts Down, UK’s Pablo Escobar Banned from Crypto, Do Kwon Denies Seeing Arrest Warrant...